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Edge1 May 2026
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CAF
CAF (CAF) investor relations material
CAF Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary7 May, 2026
Executive summary
Achieved record order intake of €2,883m in Q1 2026, up 42% year-over-year, driven by major contracts in Belgium and Sweden.
Revenue grew 4% year-over-year to €1,158m, with EBIT up 10% to €63m and net attributable profit up 12% to €40m.
Backlog reached €17,960m, an 11% increase from year-end 2025, providing strong visibility for future activity.
Sustainability rating improved to AA from MSCI, reflecting progress in the Sustainability Master Plan.
Financial highlights
Book-to-bill ratio at 2.5x overall, 3.0x in railway, and 1.2x in bus segment.
EBIT margin improved by 0.3 percentage points to 5.4% year-over-year.
Profit before tax rose 7% to €57m; net profit after tax increased 9% to €41m.
Financial results remained stable, with minor changes in finance income and costs.
Outlook and guidance
Maintains 2026 forecast despite market uncertainty, expecting high single-digit revenue growth versus 2025.
Improved profitability anticipated for EBIT and net profit compared to 2025.
Book-to-bill ratio expected to remain at or above 1; dividend policy in line with results.
Focus on emission reduction as activity increases.
Impact of Middle East conflict on railway revenue
Strategic value of the Helsinki CBTC market entry
Status of €900m in contracts outside backlog
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Latest events from CAF
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Next CAF earnings date
Q2 202630 Jul, 2026
CAF
Next CAF earnings date
Q2 202630 Jul, 2026
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